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The UK is not debt averse. It also has the highest new car purchases in the EU due to the availability of car credit
by justincormack 9y ago
The UK is not debt averse. It also has the highest new car purchases in the EU due to the availability of car credit
- tobylane 9y agoThat's a new phenomenon, I've heard it described as a new thing in the last 9 months and an upcoming bubble.
- justincormack 9y agoNo, uk car sales have been rising rapidly since 2012 http://www.telegraph.co.uk/finance/newsbysector/industry/11786990/Car-sales-continue-record-breaking-run.html http://www.telegraph.co.uk/finance/newsbysector/industry/117... Previously there were other types of credit based financing available.